OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2023-03-31-accounts

Company Number: 01236909 Charity Number: 504899

AGE UK Leeds (a Company Limited by Guarantee)

Trustees Report and Financial Statements

for the Year Ended 31 March 2023

Age UK Leeds

Contents

Page

Charity Information ...........................................................
Report of the Trustees
Stat
....................
Balance Sheet ...................................................................
Statement of Cash Flows ....................................................
Notes to the Financial Statements .......................................		 .......................................... 1
2
8
1
........................................ 22
........................................ 23
........................................ 24

Age UK Leeds

Charity Information

Company Number 01236909

Charity Number 504899

Registered Office

Bradbury Building Mark Lane Leeds LS2 8JA

Trustees

Keith Wakefield Chair Holly Smith Michael Allen Claire Hosking (Resigned 26 January 2023) Joanne Travis (Resigned 24 November 2022) Sandra Cheseldine Roger Harington Abigail Katung (Appointed 28 September 2023)

Secretary

Russell Watson (Resigned 7 November 2022) Simon Harris (Appointed 7 November 2022)

Senior management team

Iain Anderson Chief Executive Russell Watson Finance Director Simon Harris Finance Director Julie Skelton Operations Director - Performance and Quality Lisa Burnett Income Generation Director Jessica Inglis Operations Director - Partnerships and Service Development

(Resigned 5 August 2022) (Appointed 4 July 2022)

(Resigned 6 October 2023)

Auditor

Azets Audit Services Limited 12 King Street Leeds LS1 2HL

Bankers

Santander UK PLC Bootle Merseyside L30 4GB

1

Age UK Leeds

Report of the Board of Trustees for the year ended 31 March 2023

The Trustees present their report, which also complies with a Directors Report for the purposes of the Companies Act 2006, with the financial statements of the charity for the year ended 31 March 2023. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

1. Reference and Administrative Details

The details of the charity can be found on the Charity Information page on page 1 and forms part of this report.

2. Objectives and Activities

the following purposes for the benefit of the public and/or older people within Leeds:

2022-2025 was approved by the Trustee Board in March 2022.

Our Vision

Older people living in Leeds will be valued, their voices will be heard, and they will be able to enjoy positive, independent lives.

Our Mission

To help make Leeds the best city to grow old in: Age UK Leeds will influence, shape, and deliver responsive services, supporting the independence and wellbeing of older people in the city to positively improve their quality of life.

Our Values

Our Five Strategic Aims

Independence

Older people living with frailty, with physical or mental health long term conditions, or with disabilities will maintain their independence.

Social Connections

Everyone should have someone; older people who experience loneliness and social isolation will be provided with a range of tailored opportunities to link with others in their community.

2

Age UK Leeds

Report of the Board of Trustees for the year ended 31 March 2023 (continued)

Objectives and Activities (continued)

Health and Wellbeing

Older people, including those living with frailty and long-term conditions or disabilities, will sustain their optimal physical, mental, emotional health and well-being.

Resilience, choice and control

The resilience of older people and their carers has been severely tested over recent years, our aim is to help to re-build their capacity to better cope with future challenges make informed decisions, and exercise choice and control in how to live their later life.

Positive contribution

Older people will positively contribute through being active, engaged, heard, respected and their opinions being valued.

In order to fulfil our five strategic aims we will:

Maintain and Develop a Sustainable and Responsible Organisation

Our Services

We continue to provide a range of services to support and improve the quality of life for older people in Leeds:

3. Achievements & Performance

The Trustee Board receives a performance report at each meeting to enable members to assess how successful the charity is in delivering services to older people in Leeds. Each service has key performance indicators, and reports are continually being enhanced to include outcomes and quality measures.

3.1 Healthcare Services

These projects and services help prevent unnecessary admissions/re-admissions and facilitate a successful discharge home following a hospital stay:

a) Hospital to Home (H2H) Team

The H2H service is funded by the Leeds ICB and works as part of Leeds Integrated Discharge Service (LIDS , closely aligned to the Frailty Unit and has the primary aim of reducing avoidable admissions and facilitating earlier discharge. The staff team assess and support older people to return home, who might otherwise have been admitted to hospital or whose discharge after treatment may have been delayed.

The key client is reassured, safe, secure, warm and has food/drinks upon returning home. The service also provides needs assessment and discharge planning on wards, emotional support for the patient and carer and signposting and information. Importantly the team operate a referral service into on-going support services in Age UK Leeds, other third sector or community organisations, or the statutory sector.

3

Age UK Leeds

Report of the Board of Trustees for the year ended 31 March 2023 (continued)

Achievements & Performance (continued)

H2H also delivers an extended range of services in addition to its core focus including predelivery service (to avoid delaying discharge due to non-availability of medicines); transport to/from out-patient appointments at the Frailty Ward; transport to transitional beds, pending A wider range of proactive food and nutrition related activities were also undertaken by H2H and other teams across the organisation.

Towards the end of the 2022 financial year, we received funding to relocate the Hospital to Home team from their office in the Chancellor Wing to a retail unit at the Gledhow. This renovation and transition project continued through the financial year of 22/23. The vision for the new premises is to increase awareness of our services, particularly those connected with hospital admission and discharge, as well as relaunching our Leeds Oak Alliance and the partnership with the other organisations under this project.

b) Home Comfort

In September 2021 Home Comfort became part of a programme which has the aims of keeping people in the place they call home and out of hospital. Enhanced Community Response Programme is a collaboration of NHS, Adult Social Care and Third Sector consortiums who provide rapid assessment and wrap-around care to people in their own home who become suddenly unwell and would normally be admitted to hospital.

Home Comfort offers a 7-day service and offers key services including prescription/medication collection and delivery, wellbeing checks, support to make a light meal or snack, support to leave the home, including attending medical appointments, light cleaning and shopping.

Targets have yet to be agreed for this service 346 referrals were received by the service

770 visits were provided to people referred

c) Enhance

In April 2022 Age UK Leeds became part of the Enhance Programme, which is collaboration of Community Healthcare Trust.

Enhance supports safe and sustainable discharge from hospital and neighbourhood teams into a secure home environment. The programme links third sector organisations with neighbourhood teams and other agencies to avoid delayed discharges and re-admissions for individuals, and to enhance capacity throughout the system.

d) Leeds Oak Alliance 3[rd] Sector Hub

The Leeds Oak Alliance is a collaborative partnership formed in late 2018 by five city-wide third living with frailty and/or at the end of their life, and their carers.

The Leeds Oak Alliance Hub was launched in the Bexley Wing at St James Hospital in November 2019 with a staff group from across the five organisations offering support and information to patients and staff about the range of services provided by the partners and the wider third sector.The Hub remained closed throughout 2021/22 due to the ongoing impact that Covid-19 was having within the Hospital and partner organisations. In February 2022 the Leeds Oak Alliance partnership reformed and plans were made to re-open the hub later in the year, relocating Gledhow unit alongside the Hospital to Home Team. This move was still pending at the end of March 2023 due to renovation work still ongoing in the Gledhow hub.

4

Age UK Leeds

Report of the Board of Trustees for the year ended 31 March 2023 (continued)

Achievements & Performance (continued)

3.2 Ageing Well Team

These projects and services have the general aim of improving the mental and physical wellbeing of older people in Leeds.

a) Befriending

Funding carried forward from a National Lottery Reaching Communities grant, alongside legacy monies enabled a small-scale volunteer befriending programme to continue to run this year. Priorities for the project were to streamline volunteer processes, increase the reach of the service and to test out more flexible and goal focused models of befriending to help alleviate loneliness and isolation amongst older people. Identification of suitable referrals and volunteers was challenging in the early part of the project. However, a significant amount of assessment, onward signposting and support was provided by the Project Coordinators even when volunteers could not be identified and by the end of the project several successful befriending matches had been made.

b) Digital Inclusion

The final quarter of a grant from National Lottery Reaching Communities, alongside a donation from Sky Up and legacy monies funded our digital inclusion programme designed to raise awareness amongst older people of the advantages offered by new technology and to provide support to engage with it. A new partnership and investment from Sky Up transformed our former Arch Café space into a new Digital Community Hub. With free Wi-Fi, technology devices, and volunteer support provided by Sky, we launched a new programme of digital skills sessions and one-off digitally focussed events in the Hub, targeted at those who may lack the skills and/or confidence to get online safely, offering them advice and support from trained staff and volunteers to make the most of services and opportunities available online.

We also delivered community based digital engagement activities, developed support for underserved groups such as members of the older LGBTQ+ community and provided home based digital support. Staffing changes, planning and preparation relating to the new Digital Hub and challenges with volunteer recruitment all had an impact on the number of people reached by the service this year.

c) PROSPER

Lower than anticipated participant recruitment rates required a formal application to be submitted to the National Institute for Health and Care Research to extend the main trial of PROSPER until February 2024. This longitudinal personalised care planning research study sponsored by Bradford Teaching Hospitals and the University of Leeds sees Personal Independence Coordinators employed by Age UK Leeds working with GP practices across Leeds to deliver person-centred interventions to older people living with mild to moderate frailty. The ongoing pressures experienced by GP practices have also caused delays to the programme, which worked with 3 Leeds based GP practices during this period to provide a 12-week intervention structured around setting goals and using techniques such as motivational interviewing and guided conversations to promote positive behavioural change.

5

Age UK Leeds

Report of the Board of Trustees for the year ended 31 March 2023 (continued)

Achievements & Performance (continued)

64 people supported by State of the Ark projects during this period (no set target)

e) Health & Wellbeing Walks

In December 2022 we took the difficult decision to cease our volunteer led Health and Wellbeing Walks programme as, without any funding, coordination of this activity had become increasingly challenging and we were struggling to reach new members or attract new Walk Leaders. Instead we made provision for walking activity within our new Moving with Confidence programme.

f) Moving with Confidence

Use of designated reserves including some COVID-19 Harm Minimisation funding from Leeds City Council allowed us to develop our Walking with Confidence project to incorporate a wider range of movement focused activities. We worked in partnership with Leeds Rhinos who provided a trained instructor to deliver a series of chair-based exercise classes for older people. We then invested in training to enable our own staff to continue to deliver similar classes from within our new Community Hub. We also worked in partnership with staff from the University of through movement) as a novel way of encouraging gentle exercise amongst older people. Other movement-based activities delivered included ballroom dancing classes and fashion shows, delivered through the State of the Ark project.

15 people supported by Moving with Confidence during this period (target 20)

g) Now and Then

In June 2022 we were awarded £10K from the National Lottery Community Fund to continue and expand our existing intergenerational project work for a year. Our staff worked with younger people from Leeds City College and the University of Leeds and with older people from a variety of groups including the Hey Days project at Leeds Playhouse Theatre, the Hamara Healthy Living Then" activities. This involved discussion groups to share and compare lifestyles and memories; a lasting educational resource.

6

Age UK Leeds

Report of the Board of Trustees for the year ended 31 March 2023 (continued)

Achievements & Performance (continued)

h) Linking Leeds (Social Prescribing Service)

Linking Leeds is a ICB commissioned city-wide Social Prescribing partnership which launched in September 2019. Community Links is the lead partner in the Linking Leeds consortium which sees Wellbeing Co-ordinators from seven local third sector partners, including Age UK Leeds, working to connect people aged 16 years and above to services and activities in their community in order to benefit overall health and wellbeing. Linking Leeds is closely linked to GP surgeries across the city, but also accepts self-referrals. Demand for the service remains high, with a particular focus on mental health support. This year saw the service responding to local and national needs through the introduction of several specialist roles including a social prescriber based in the local A&E department, social prescribers offering fuel poverty support and several specialist domestic abuse social prescriber roles across the city.

i) Remember Together (Dementia MCST Programme)

We delivered two separate 24 week Maintenance Cognitive Stimulation Therapy (MCST) groups between June 2022 and February 2023. These evidence-based, NICE recommended, groups provide stimulating and engaging activities for people living with mild to moderate dementia and were funded by Age UK s Dementia MCST Programme. Delays in recruiting both staff and participants to the project meant we had to apply for an extension to our original December funding through to March 2024 agreed by the Trustees, we aim to expand our programme. In February 2023, we introduced a shorter 14-week Cognitive Stimulation Therapy (CST) model and established a 3[rd] group which was delivered in partnership with a local Neighbourhood Network.

j) Supporting Wellbeing and Independence in Frailty Service (SWIFt)

3.3 Advocacy, Information and Advice

These are cross-cutting services which take referrals from external partners as well as other projects and services within Age UK Leeds.

a) Advocacy

This service is well established with funding from Leeds City Council and the NHS through a sub-contract with Advonet, which now runs until 31 March 2026. The advocacy team offer a free, independent and confidential service for people from diverse backgrounds, who need support to stand up for what they want in life, especially at times of major change. Working across a range of advocacy services, Age UK Leeds Advocates have a particular focus on Independent Mental Capacity Advocacy (IMCA), Care Act Advocacy and Community Advocacy that includes:

2,835 people were supported by the service overall (target 2,500) with 2,439 people receiving advocacy support and 396 people receiving information and signposting.

7

Age UK Leeds

Report of the Board of Trustees for the year ended 31 March 2023 (continued)

Achievements & Performance (continued)

b) Information & Advice

to its funding as does the Home Plus service

c) Home Plus Service

This service commissioned by Leeds City Council is aimed at enabling and maintaining independent living through improving health at home, helping to prevent falls and coldrelated health conditions. Care & Repair Leeds are the lead provider working in partnership with Groundworks NEWY (Green Doctors) and Age UK Leeds, who are contracted to provide an advice and information service as part of a holistic service. The Age UK Leeds advice worker assisted 36 people in this period.

d) Scams

Following a pause towards the end of the previous financial year, Age UK Leeds relaunched its Scams programme in May 2022. The programme, funded by Lloyds Banking Group and led by National Age UK, helps to prevent older people from falling for scams by increasing their knowledge and confidence to recognise and deal with attempted scams. The support is delivered via group talks and 121 sessions .

e) Household Support Fund

In June 2022 Age UK Leeds received funding of £25K from Leeds City Council via the DWP. This funding was allocated through the Adults and Health Directorate at Leeds City Council and was to be used to provide immediate relief to address the urgent needs of local older people.

The purpose of this fund was to pay for items which might help older people to:

Reduce anxiety about the cost of energy, food and other essential living bills Maintain or improve health through provision of items to stay warm and eat well Remove transport barriers to build/maintain health and wellbeing connections

149 older people were supported by the Household Support Fund.

f) Warm Homes Programme

The Warm Homes (Discount Scheme Benefits Entitlement Check) programme is managed by Age UK nationally and delivered by local Age UKs across the country. Targets are set and payments made based on the number of individual benefits sessions delivered.

3.4 Help at Home

Help at Home, launched in May 2019, is designed to provide a range of paid-for, cost-effective domestic and social support services, helping older people with everyday tasks in their own homes so they can stay independent for longer. The overall vision for the service is to provide high quality, person-centred support which is responsive to the needs and wishes of the older person.

8

Age UK Leeds

Report of the Board of Trustees for the year ended 31 March 2023 (continued)

Achievements & Performance (continued)

Initially operating within a specific geographical area of Leeds to test the service model and to maximise cost efficiency, further growth and expansion of the service continues to be impacted by operational setbacks. Most significant this year was the disruption caused by staff changes; a new Service Manager was appointed in April, quickly followed by the resignation of the Lead Support Worker and 3 other members of the team. Such high staff turnover made delivery of the service very challenging and limited the number of new clients who could be brought into the service to mitigate attrition and enable growth.

Although the average number of clients billed (52) and hours delivered (5,641) were similar to the previous year, performance was a long way off budget expectations which were set following extremely good performance in the latter part of 2021/22. Rising staff costs within the service from the maintaining our alignment with the Real Living Wage rate for our Support Workers and from continuing to invest in a Lead Support Worker role, have also meant that the overall affordability of the service has become more challenging.

Trustees have asked that Help at Home be closely monitored into 2023/24 to check that it is performing in line with budget expectations. The service is expected to need financial subsidy from general reserves for the foreseeable future.

Legacy of Covid-19

Impact of Covid-19 on Service achievements and performance

The longer-term impact of the Coronavirus epidemic on Age UK Leeds has continued through this period. As an organisation we have continued to follow relevant national and local public health guidance with regards to wearing of PPE, regularity of testing, isolation periods, social distancing and other hygiene measures. Despite these measures we have experienced periodic bouts of sickness absence as a consequence of the virus, in addition we have a small number of staff who are now struggling with the impact of the symptoms of long-COVID.

Whilst there has been a full return to activities and services being delivered face to face some clients have remained reluctant to meet our staff in person and foot-fall at the Bradbury Building, now fully open, has remained lower than pre-pandemic.

Working from home, for those staff who have been able to do so, has become a norm, this has afforded many the opportunity to achieve a better work life balance. To reflect this new reality and also the need to maintain a city-centre, public facing presence at the Bradbury Building we have developed (in consultation with staff) a Hybrid Working Policy. This provides the scope for staff (where appropriate) to continue to benefit from working from home as well as the organisational need for services to be provided on-site in Leeds. This policy has been reviewed and updated to reflect changing demands on services and as a consequence working patterns for staff.

3.5 Delivering Public Benefit

guidance on public benefit when reviewing our objectives and in planning our future activities. The aims of Age UK Leeds are undertaken specifically to ensure the charitable objects meet the public benefit requirement and the Charities Act 2011.

The primary beneficiaries of our services are older people in the city of Leeds. The age at which people may access our services varies according to service requirements, typically led by requirements of funders or commissioners.

With the exception of Help at Home, all of our services, including those providing Information and Advice, are free of charge. They are offered to anyone who needs them, regardless of income or circumstances. Practicalities such as staff numbers and availability limit the number of people who can be helped, and where demand exceeds capacity, priorities are determined according to client need, making use of information, advice and signposting where appropriate.

9

Age UK Leeds

Report of the Board of Trustees for the year ended 31 March 2023 (continued)

Achievements & Performance (continued)

3.6 Volunteers

Volunteers are at the heart of much of the work undertaken by Age UK Leeds. Volunteering not only makes an essential contribution towards supporting older people, it also helps cement community cohesion and create social capital. We had 55 active volunteers across the organisation last year, which is an encouraging increase from 38 the previous year. In common with other charities nationally, we continue to find it challenging to recruit and retain volunteers post pandemic. A refreshed Volunteer Subgroup undertook a significant amount of work to review and improve our volunteer experience this year. This work is ongoing in the hope of attracting more volunteers to help us offer vital services in the local community.

Our volunteers have been actively involved in; providing health and wellbeing activities, supporting dementia groups, helping older people to become digitally included and giving information and advice. In addition, volunteers have supported the organisation as members of our Older Peoples` Engagement Group and on our Board of Trustees.

Volunteer recruitment, selection and training are overseen by the Project Managers and administration and appropriate organisational policies are in place to support this. In-house and onthe-job training is provided by staff responsible for the relevant services, supplemented by additional training where necessary.

3.7 Age UK Leeds Older People's Engagement Group

of older people who have contact with AUKL and to contribute to the development of existing and new services. We currently have just five members who:

3.8 Fundraising

Income raised through fundraising and general donations in the year was £143,033 (2022 £25,807). We are very grateful for the generous donations we have received from supporters, whether clients, members of the public or commercial sponsors. This has been a reasonably difficult year with no further support from AUK due to Covid but at the same time, not being able to return to our normal activity.

We finally held the Age UK Leeds Charity Dinner that had been postponed twice due to Covid. The event made £3,254 for the charity.

Bookings for events in the Community Hub and the Harrison Room continue to increase after closure in 2020 and a sharp decrease in the following years. Income from hire fees in 2022/23 was £19,985 (note 4).

10

Age UK Leeds

Report of the Board of Trustees for the year ended 31 March 2023 (continued)

Achievements & Performance (continued)

3.8 Fundraising (continued)

Our general approach is to raise funds ourselves and not to use third parties. We use techniques that are ethical, legal, that do not inconvenience the public, and that are not detrimental to our good name or standing in the local community.

We do not use general solicitation techniques by telephone or door-to-door, and all fundraising received no complaints about fundraising during the year.

3.9 Subsidiary Companies

Age UK Leeds Trading Limited (registered company number: 02025149) is a wholly owned dormant company. It was a trading subsidiary until it ceased operating in March 2018.

Age UK Leeds Enterprises Limited (registered company number: 07471080) is a wholly owned dormant company. It was a trading subsidiary until it ceased operating in March 2021.

4. Financial review

Review of the year

Net Income for the year showed an overall surplus and increase in total funds of £48,328 (2022: deficit of £178,895) on income of £1.8m (2022: £1.6m).

Income during the year increased by £191k overall to £1,797k (2022: £1,605k):

Expenditure during the year increased by £323k to £1,748k (2022: £1,426k):

Principal Funding Sources

The principal funding sources of the Charity were:

% of total income % of total income
Source 2023 2022
NHS 55% 46%
Leeds City Council 10% 30%
Big Lottery 0% 4%
Age UK 3% 5%
Legacies 7% 5%
Fundraising 8% 1%
Trading 1% 1%
Help at Home 6% 6%
Other sources 10% 2%

11

Age UK Leeds

Report of the Board of Trustees for the year ended 31 March 2023 (continued)

Financial review (continued)

Income from Age UK is a mixture of direct grants, and grants from third parties. All income is used to fund service provision for the support of older people as described in more detail above. Covid19, the economic environment post-Covid, and uncertainty deriving from re-organisation within the NHS and funding of social care continue to make visibility of funding into the future unclear. In addition, the global economic situation and cost of living pressures post-pandemic have impacted the - generated sources of income.

Reserves Policy

At the end of the year, the Charity held total funds of £2,230,101 (2022: £2,181,773). Of these, Restricted funds are £806,295 (2022: £889,404) and the purpose of these funds is explained in note 13 to the accounts.

Funds designated by the Trustees amount to £789,394 (2022: £752,795). Funds have been designated for the following purposes:

The Charity has tangible fixed assets of £918,959, of which £536,493 is held within restricted funds. The remaining £382,466 is held within unrestricted funds that can only be realised by disposal of the assets. The Charity had no capital commitments at the end of the year.

After accounting for restricted and designated funds, and deducting unrestricted funds held as fixed assets, the Charity held free reserves at the end of the year of £251,946 an increase of £10,255 from the 2022 figure of £241,691.

Going Concern

The Trustees have reviewed the appropriateness of the application of the going concern basis in the preparation of the financial statements. In doing so the Trustees have considered forecasts in detail for a period of 12 months, high-level projections for a further three years, uncertainties arising in the current economic environment, the lasting effects of the Covid pandemic, and the cash reserves of the organisation. Following this review the Trustees are of the view that the application of the going concern basis is appropriate and consequently this approach has been adopted in preparing the financial statements.

12

Age UK Leeds

Report of the Board of Trustees for the year ended 31 March 2023 (continued)

Financial review (continued)

Investments

The Charity does not have any endowment funds, and surplus cash is currently held on interestbearing deposit. An investment policy has been approved by the Trustee Board. Surplus cash will be held on deposit with the aim of protecting capital, whilst maximising interest within this constraint and the expected time at which the cash will be required. Protection from the statutory FSCS guarantee scheme will be maximised.

Plans for future periods

The Trustee Board reviewed and approved the Age UK Leeds Strategy 2022 2025 in March 2022. Activity planned in the first Annual Business Plan aligned to the 3-year Strategy was undertaken throughout the period with both quarterly updates and an end of year summary provided to the Trustee Board. Our second Annual Plan was approved and work scoped to deliver in continued alignment with the high-level priorities and objectives. Some activities planned in this year are building on planned activity that commenced in 2022/23 and will be completed into 2024/25. This plan will be subject to quarterly review with update summaries provided to the Trustee Board; an end of year summary will be presented to the Trustee Board at the Board meeting in May 2024.

The following are our high priority objectives for 2023-24, grouped under the major areas identified in the strategic plan:

Enabling Independence

Building Social Connections

Building Resilience, supporting choice and control

13

Age UK Leeds

Report of the Board of Trustees for the year ended 31 March 2023 (continued)

Plans for future periods (continued)

Encouraging Positive Contributions

Promote health and wellbeing

In addition, the Age UK Leeds Business Plan 2022/23 has identified a number of enabling and organisational development priorities that it intends to progress in this period. These planned activities are summarised as follows:

Partnership, Communication and Engagement

Financial Stability and Organisational Efficiency

Organisational and Staff Development

5. Structure, governance and management

Constitution

Age UK Leeds is a company limited by guarantee and without a share capital, and a registered charity governed by its Memorandum and Articles of Association.

14

Age UK Leeds

Report of the Board of Trustees for the year ended 31 March 2023 (continued)

Structure, governance and management (continued)

Board of Trustees

Trustees for the purposes of charity law and through this report they are collectively referred to as the Trustees.

comprised of at least five Trustees, each holding office for an initial period of two years, and up to two further periods of three years if re-appointed. All Trustees are Members. Trustees are appointed by a decision of the Board of Trustees.

The members of the Board of Trustees who held office during the year are set out on the Charity Information sheet, page 1 of this report.

The Board of Trustees met on six occasions during the year, each time virtually.

Recruitment and Training of Trustees

No new Trustees have joined the Board in this period, further recruitment of Trustees has continued in 2022/23 and we have two new prospective Trustees joining the Board in the near future. New Trustees are provided with a Trustee Handbook, and an induction programme is organised.

Related Parties

Age UK Leeds is an autonomous charity and company limited by guarantee. It is part of Age UK, the federation, and conforms to agreed national standards in organisation and service delivery. The Chief Executive attends regional and national meetings with other Age UKs, and other staff participate in regional and national meetings appropriate to their work.

Working in partnership with other agencies, especially from the statutory and voluntary sectors, is integral to the work of Age UK Leeds. Partnership and multi-agency working occurs at the level of funding agreements and contracts, service delivery, monitoring, user involvement, consultation, and campaigning. It includes work both with other agencies within Leeds, and with Age UKs in other areas. Staff members participate in local, regional and national forums and consultations appropriate to their work areas and the strategic positioning of Age UK Leeds.

Staff Responsibilities: Senior Management Team

----- Start of picture text -----
Iain Anderson Chief Executive
Lisa Burnett Income Generation Director
Jessica Inglis Operations Director Partnerships and service
-
Development (part time)
Julie Skelton Operations Director Performance and Quality
Simon Harris Finance Director (part-time)
----- End of picture text -----

Day-to-day management of the organisation is delegated to the Chief Executive. Along with the Senior Management Team (SMT), the Chief Executive ensures that suitable staff are recruited and resources drawn in to run the services and activities agreed by the Board through the annual work plan. The Senior Management Team ensures that grants, contracts and service level agreements are operated in accordance with agreed terms and conditions, and provides regular reports to the Board on all services and activities.

15

Age UK Leeds

Report of the Board of Trustees for the year ended 31 March 2023 (continued)

Structure, governance and management (continued)

Pay Policy for Senior Staff

Age UK Leeds aims to pay salaries which are fair, competitive with the charity sector locally, and proportionate to the complexity of each role. In determining the right level of pay the charity does not look to compete with private or public sector salaries and ensures all staff are paid at or above the National Living Wage. During the year, the Charity increased all salaries, however this award was not in line with the NJC pay award. In the assessment of the Charity it was not financially sustainable to retain alignment. To compensate for this and in recognition of the cost of living pressures faced by staff one-off payments were made to all staff in the winter of 2022/23. These payments were graduated so that the lowest paid staff received the highest percentage amount.

is reviewed and benchmarked with similar sized charities in

Leeds and West Yorkshire.

Risk Assessment

The risk management strategy adopted in March 2012 was prepared in line with best practice guidelines issued by the Charity Commission. A copy of the strategy is included in the Trustee Handbook and discussed with new Trustees as part of the induction process. The Trustees carry out an annual risk assessment covering the major risks facing the organisation. The controls in place to mitigate the risks are detailed and monitored; and systems and procedures have been identified to manage the retained risks. The Risk Register is reviewed and endorsed by the Audit and Risk Committee.

The following higher-level risks have been highlighted and managed during the year:

Workforce:

When reviewing the aims and objectives of the charity, and in planning future activities, the Trustees have complied with the duty in section 4 of the Charities Act 2006 to have due regard to public benefit guidance published by the Charity Commission.

16

Age UK Leeds

Report of the Board of Trustees for the year ended 31 March 2023 (continued)

United Kingdom company law requires the directors (namely the Trustees) to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and the income and expenditure for that period. In preparing those financial statements, the Trustees are required to:

The Trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enables them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

they are each aware, there is no relevant audit information of which the Charity is unaware; and each Trustee has taken all the steps that he/she ought to have taken as a Trustee to make himself/herself aware of any relevant audit information and to establish that the Charity is aware of that information.

Statement of Disclosure to our Auditor

In so far as the Trustees are aware:

The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Auditor

The auditor, Azets Audit Services Limited, is deemed to be reappointed under section 487(2) of the Companies Act 2006.

Small Company Rules

This report and Financial Statements have been prepared in accordance with the special provisions relating to the companies subject to the small companies regime which is part of the Companies Act 2006.

The Trustees approved s behalf by:

Keith Wakefield Chair of Trustees

17

Age UK Leeds

Leeds

Opinion

We have audited the financial statements of Age UK Leeds for the year ended 31 March 2023, which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows, and the related Notes to the Financial Statements, including a summary of accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) responsibilities for the audit of the financial statements section of our report. We are independent of the Charity in accordance with the ethical requirements that are relevant to our audit of the ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The Trustees are responsible for the other information. The other information comprises the report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

18

Age UK Leeds

Independent Auditor s Report to the Members and Trustees of Age UK Leeds (continued)

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustee Annual Report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of the Trustees

As explained more fully in the Trustee

Trustees are responsible for

the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as they determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the Trustees are responsible for assessing the charitable ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the Charity or to cease operations, or have no realistic alternative but to do so.

responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

A further description of our responsibilities for the audit of the financial statements is located on the Financial R www.frc.org.uk/auditorsresponsibilities. This description

19

Age UK Leeds

Independent Auditor s Report to the Members and Trustees of Age UK Leeds (continued)

Extent to which the audit was considered capable of identifying irregularities, including fraud

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line

website, to detect material misstatements in respect of irregularities, including fraud.

We obtain and update our understanding of the entity, its activities, its control environment, and likely future developments, including in relation to the legal and regulatory framework applicable and how the entity is complying with that framework. Based on this understanding, we identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion.

This includes consideration of the risk of acts by the entity that were contrary to applicable laws and regulations, including fraud. In response to the risk of irregularities and non-compliance with laws and regulations, including fraud, we designed procedures which included:

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or noncompliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

Use of our report

members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to opinions we have formed.

Jessica Lawrence

Senior Statutory Auditor

For and on behalf Azets Audit Services Limited Chartered Accountants & Statutory Auditor 12 King Street Leeds LS1 2HL Date:

20

Age UK Leeds

Statement of Financial Activities for the Year Ended 31 March 2023

(Incorporating Income and Expenditure Account)

Note Unrestricted
Funds		 Restricted
Funds		 Total Funds
2023		 Total Funds
2022
£ £ £ £
Income from:
Donations and legacies 2 279,526 - 279,526 154,695
Charitable activities 3 779,811 688,007 1,467,818 1,429,669
Other trading activities 4 31,357 - 31,357 14,816
Investment income 5 17,891 - 17,891 3,941
Other income 100 - 100 1,826
Total income 1,108,685 688,007 1,796,692 1,604,947
Expenditure on:
Raising funds 6 36,797 - 36,797 36,407
Trading 6 5,610 - 5,610 6,143
Charitable activities 6 934,841 771,116 1,705,957 1,383,070
Total expenditure 6 977,248 771,116 1,748,364 1,425,620
Net income / expenditure
before (losses)		 7 131,437 (83,109) 48,328 179,327
Net (losses) on investments - - - (432)
Net movement in funds 131,437 (83,109) 48,328 178,895
Reconciliation of funds:
Total funds brought forward 13,14 1,292,369 889,404 2,181,773 2,002,878
Total funds carried
forward		 13,14 1,423,806 806,295 2,230,101 2,181,773

The results for the year all relate to continuing operations.

The Statement of Financial Activities includes all gains and losses recognised in the year.

The Statement of Financial Activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

A fully detailed Statement of Financial Activities for the year ended 31 March 2022 is shown on Note 21 to the financial statements.

21

Age UK Leeds

Balance Sheet as at 31 March 2023

2023 2022
Notes £ £
Fixed assets
Tangible assets 9 918,959 847,131
Investments 10 840,243 526,862
1,759,202 1,373,993
Current assets
Debtors 11 132,467 128,649
Cashat bankandin hand 531,514 827,606
663,981 956,255
Creditors:amounts falling due
within one year 12 (193,082) (148,475)
Net current assets 470,899 807,780
Net assets 2,230,101 2,181,773
Funds:
Unrestricted funds 1,423,806 1,292,369
Restricted funds 806,295 889,404
Total Funds 13,14 2,230,101 2,181,773

The Financial Statements have been prepared in accordance with the special provisions relating to the companies subject to the small companies regime which is part of the Companies Act 2006.

They were approved by the Board of Trustees on

and signed on its behalf by:

Keith Wakefield Chair of Trustees

The notes on pages 24 to 38 form part of these Financial Statements

Company number: 01236909

22

Age UK Leeds

Statement of Cash Flow for the Year Ended 31 March 2023

Notes 2023 2022
£ £
Net cash provided by operating activities 15 112,190 218,163
Cash Flows from investing activities:
Investment income received 17,891 3,941
Purchase of property plant and equipment (112,792) (6,237)
Net cash used in investing activities (94,901) (2,296)
Change in cash and cash equivalents in the year 17,289 215,867
Cash and cash equivalents at the beginning of the year 1,352,762 1,136,895
Cash and cash equivalents at the end of the year 1,370,051 1,352,762
Cash and cash equivalents are made up of
Short term deposits 10 838,537 525,156
Cash at bank and in hand 531,514 827,606
Cash and cash equivalents at the end of the year 1,370,051 1,352,762

23

Age UK Leeds

Notes to the Financial Statements for the Year Ended 31 March 2023

1. Accounting Policies

The principal accounting policies adopted, judgments and key sources of uncertainty in the preparation of the financial statements are as follows:

Charitable Company Information

The Charitable Company is a private company limited by guarantee, which is incorporated and registered in England and Wales, under company registration 01236909 and registered as a charity with the Charity Commission of England & Wales under charity registration 504899.

The registered office is, Bradbury Building, Mark Lane, Leeds, LS2 8JA.

Basis of Accounting

The financial statements have been prepared on a going concern basis in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019) (Charities SORP (FRS102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Companies Act 2006 and Charities Act 2011.

Age UK Leeds meets the definition of a public benefit entity under FRS 102.

Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £1.

Going Concern

At the time of approving the financial statements, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future and not less than one year from the date of approval. The Trustees are constantly monitoring the financial position of the charity. Also, the charity has no borrowings and receives substantial funding from government grants and contracts, of which significant amounts have already been secured for the 2023/24 financial year. Therefore, the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

Fund accounting

Unrestricted Funds

Designated funds are amounts which have been put aside at the discretion of the Trustees for specific projects within the charity's charitable objectives.

Undesignated general funds represent funds, which are expendable at the discretion of the Trustees in the furtherance of the objects of the charity. Such funds may be held in order to finance both working capital and capital investment.

Restricted Funds

Restricted funds represent grants, donations and legacies received which may only be applied for the purposes specified by the donor.

24

Age UK Leeds

Notes to the Financial Statements for the Year Ended 31 March 2023

Transfer between funds

All income and expenditure is initially included in the Statement of Financial Activities. The deficit arising in the year on restricted funds is met by a transfer from unrestricted funds.

Transfers are made to and from designated funds in amounts determined by the Board of Trustees, to provide funding allocations for specifically identified projects, activities or events within the unrestricted fund.

Income

All the income is recognised in the Statement of Financial Activities ( SOFA ) when the conditions for the receipt have been met and there is reasonable assurance of receipt.

The following accounting policies are applied to income:

Government and other grants

Grants are recognised in the SOFA when the conditions for receipt have been complied with.

Investment Income

Investment income is accounted for when receivable.

Legacies

Pecuniary and residuary legacies are recognised when received or if, before receipt, there is sufficient evidence of entitlement to the legacy, receipt is probable and they can be measured with sufficient reliability.

Expenditure

Liabilities are recognised in the SOFA when due under the accruals concept and are allocated between restricted and unrestricted finds as appropriate.

Allocation of Costs

The Charity's operating costs include staff costs, rent and other related costs. Such costs are allocated between charitable activities, raising funds and trading, and between either direct or support costs. Staff and administrative overheads are allocated to the salary costs of staff working directly in the relevant departments, and property costs are allocated according to the space used by each activity.

Operating Leases

Rental costs under operating leases are charged to the SOFA in equal amounts over the periods of the leases.

Pension Costs

The charity operates a defined contribution pension scheme, the assets of which are held separately from those of the charity in an independently administered fund. Contributions payable for the year are charged in the statement of financial activities.

Tangible fixed assets

Only assets with an individual (or total project) value of £1,000 or more are capitalised. Assets of a value less than £1,000 are included within the SOFA as expenditure.

Tangible fixed assets are stated at cost, less depreciation, with depreciation rates as follows:

Freehold buildings 2% straight line Fixtures and Fittings 10 - 15% straight line IT and Office Equipment 25% straight line

Freehold land is not depreciated.

25

Age UK Leeds

Notes to the Financial Statements for the Year Ended 31 March 2023

Investments

Investments (other than investments in subsidiaries) are stated at market value. Unrealised and realised gains or losses on revaluation arising during the year are reflected in the SOFA.

The listed investments, see note 10, are held to generate returns and gains for the charity and accordingly are the investments are revalued at each period end to its fair value, as determined by reference to quoted market prices, with any gains or losses going through the statement of financial activity.

Investments in subsidiaries are stated at historic cost and the Trustees review the carrying value annually for indications of impairment.

Financial instruments

The charity

Basic

financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity held for working capital.

Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid.

Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting end date.

Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. The impairment loss is recognised in the income and expenditure account.

Creditors and provisions

Creditors, loans and provisions are recognised where the Charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors, loans and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

discharged, cancelled or they expire.

Amounts recognised as provisions are best estimates of the consideration required to settle the present obligation at the reporting end date, taking into account the risks and uncertainties surrounding the obligation.

Taxation

Age UK Leeds is a registered charity and as such is a charity within the meaning of schedule 6 of the Finance Act 2010. Accordingly, the charity is potentially entitled to tax exemption under part 11 of the Corporation Tax Act 2010 or section 256 of the Taxation of Chargeable Gains Act 1992 in respect of income and gains arising.

26

Age UK Leeds

Notes to the Financial Statements for the Year Ended 31 March 2023

Critical accounting estimates and judgements

Trustees are required to make

judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised, if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

Legacies

Legacies are recognised as income when probate has been granted, the charity has established its entitlement to the funds and where sufficient information is available to allow it to measure its entitlement .

2. Donations and legacies

2023 2022
£ £
General donations 143,033 25,807
Legacies 125,743 85,288
Non Performance Grants:
Leeds City Council general - 32,100
Age UK 10,750 11,500
279,526 154,695

In the current and previous year, no income was included within restricted income.

The Charity also benefits greatly from the involvement and enthusiastic support of its many volunteers, details of which are given in our annual report. In accordance with Charities SORP, the economic contribution of general volunteers is not recognised in the accounts.

3. Charitable Activities

**Unrestricted ** Restricted **2023 ** **Unrestricted ** Restricted 2022
£ £ £ £ £ £
Grants and Service
Contracts:
Hospital to Home 400,000 393,000 793,000 360,000 266,721 626,721
Independence at
Home		 174,983 51,472 226,455 946 323,790 324,736
Ageing Well 54,182 163,579 217,761 64,224 230,266 294,490
Advocacy,
Information and 40,718 79,956 120,674 10,055 77,926 87,981
Advice Team
Fee Income:
Contributions/fees
from activity classes		 109,928 - 109,928 95,741 - 95,741
779,811 688,007 1,467,818 530,966 898,703 1,429,669

4. Other Trading Activities

4.
Other Trading Activities
2023 2022
£ £
Fundraising 9,395 3,384
Catering 1,977 11,432
Room hire 19,985 -
31,357 14,816

27

Age UK Leeds

Notes to the Financial Statements for the Year Ended 31 March 2023

5. Investment Income

5.
Investment Income
2023 2022
£ £
Bank interest 17,762 3,907
Dividends 129 34
17,891 3,941
6.
Expenditure
For the year ended 31 March 2023 Raising Charitable
funds Trading activities 2023
£ £ £ £
Directly attributable costs:
Staff costs 23,080 3,123 1,168,257 1,194,460
Staff related costs 448 21 80,318 80,787
Other direct costs 7,063 1,627 146,079 154,769
30,591 4,771 1,394,654 1,430,016
Support costs:
Staff costs 3,207 434 160,374 164,015
Staff related costs 284 38 14,213 14,535
Property costs 724 98 36,219 37,041
Office and administration costs 447 60 23,070 23,577
Legal and professional 359 49 18,183 18,591
Irrecoverable VAT 384 52 19,189 19,625
Depreciation 801 108 40,055 40,964
6,206 839 311,303 318,348
Total costs 36,797 5,610 1,705,957 1,748,364
For the year ended 31 March 2022 Raising Charitable
funds Trading activities 2022
£ £ £ £
Directly attributable costs:
Staff costs 29,516 4,201 1,051,136 1,084,853
Staff related costs 130 72 91,063 91,265
Other direct costs 400 966 14,437 15,803
30,046 5,239 1,156,636 1,191,921
Support costs:
Staff costs 3,431 488 122,190 126,109
Staff related costs 220 32 7,812 8,064
Property costs 839 119 29,885 30,843
Office and administration costs 501 70 17,757 18,328
Legal and professional 226 32 8,036 8,294
Irrecoverable VAT 358 51 12,759 13,168
Depreciation 786 112 27,995 28,893
6,361 904 226,434 233,699
Total costs 36,407 6,143 1,383,070 1,425,620

7. Operating surplus

Operating surplus is stated after charging 2023 2022
£ £
Audit fees 9,625 4,200
Non-Audit fees - accountancy 2,195 1,995
Depreciation 40,964 28,893

28

Age UK Leeds

Notes to the Financial Statements for the Year Ended 31 March 2023

8. Information on Officers and Employees

Staff costs 2023 2022
£ £
Salaries 1,229,361 1,098,387
Social security costs 97,179 82,183
Otherpension costs 31,935 30,392
1,358,475 1,210,962

The average monthly head count was 65 staff (2022: 61).

There were no employees (2022: no employees) whose total employee benefits (excluding employer pension costs) exceeded £60,000.

The key management personnel of the Charity comprise the Trustees, Chief executive, Finance Director, Operations Director - Performance and Quality, Income Generation Director, Operations Director Partnerships and Service Development. Their total employee benefits were £229,612 (2022: £188,691).

9. Tangible Fixed Assets

Land & buildings Fixtures & fittings Total
£ £
£
Cost:
At 1 April 2022 1,114,737 102,249 1,216,986
Additions - 112,792 112,792
At 31 March 2023 1,114,737 215,041 1,329,778
Depreciation:
At 1 April 2022 276,446 93,409 369,855
Charge for the year 20,293 20,671 40,964
At 31 March 2023 296,739 114,080 410,819
Net book value
at 31 March 2023		 817,998 100,961 918,959
Net book value
at 31 March 2022		 838,291 8,840 847,131

10. Investments

10. Investments
2023 2022
£ £
Listed investments
Market value as at 1 April 1,702 2,134
Net investment (losses) - (432)
At 31 March 1,702 1,702
Short term deposits 838,537 525,156
UK unlisted investments-subsidiaries 4 4
Total 840,243 526,862
Historic cost of investments 838,541 525,160

29

Age UK Leeds

Notes to the Financial Statements for the Year Ended 31 March 2023

Fixed Asset Investments Unlisted shares in subsidiary undertakings

Company Holding Activity
Age UK Leeds Trading Limited 100% Dormant
Age UK Leeds Enterprises Limited 100% Dormant
11.
Debtors
2023 2022
£ £
Trade debtors 108,410 91,400
Prepayments 13,361 14,262
Accrued income 10,696 22,891
Other debtors - 96
132,467 128,649
12.
Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 28,841 25,665
Deferred income 31,500 945
Other creditors and accruals 94,197 60,736
Tax and social security 38,544 61,129
193,082 148,475

Deferred income comprises grants and other payments received in advance for charitable activities supporting older people due to be delivered in the following year.

2023 2022
£ £
Deferred income:
Balance brought forward 945 14,180
Released to income from charitable activities (945) (14,180)
Amount deferred in the year 31,500 945
Balance carried forward 31,500 945

30

13.
Movement in funds
For the year ended 31 March 2023
At 1 April
2022
Income
Expenditure
Transfers and
other
gains/(losses)
At 31 March
2023
£
£
£
£
£		 Restricted funds:
Big Lottery - Building Connections
18,506
-
(18,506)
-
-
AUK - Later Life Goals
1,750
-
-
-
1,750
AUK
NHSE Covid Winter pressures support
4,125
-
-
-
4,125
Age UK - Dementia MCST programme
-
19,459
(16,345)
-
3,114
Hospital to Home
-
100,000
-
-
100,000
Leeds City Council - SWIFt grant scheme
-
50,000
(50,000)
-
-
Leeds City Council
iBCF
Independence at Home extension
20,880
-
-
-
20,880
Leeds City Council - iBCF - Leeds Oak Alliance
67,140
-
(500)
66,640
Leeds City Council
Hospital Discharge Emergency Food
4,500
-
(2,500)
-
2,000
NHS Leeds CCG
Home Comfort
1,500
293,000
(283,000)
-
11,500
Sanctuary Support
-
1,472
(1,472)
-
-
NLF Now and Then
-
2,000
(2,000)
-
-
Household Support
-
25,000
(25,000)
-
-
EON Warm Homes
-
10,050
(10,050)
-
-
Home Plus
-
9,906
(9,906)
-
-
Community Activities
38,157
41,000
(79,157)
-
-
LCC Pension
3,900
-
(3,900)
-
-
AUK Scams
4,794
35,000
(35,000)
-
4,794
NHS Leeds CCG - Gledhow Hub
137,500
-
(81,696)
-
55,804
Prosper (Bradford Teaching Hospitals)
24,084
81,120
(105,204)
-
-
National Lottery
Digital Wellbeing Service
10,000
20,000
(34,125)
-
(4,125)
Age UK Leeds Centre
115,668
-
(1,916)
-
113,752
Bradbury Building 2012
433,580
-
(10,839)
422,741
Funds under £4,000 each
3,320
-
-
-
3,320		 889,404
688,007
(771,116)
-
806,295		 31

Unrestricted funds:
General funds
539,574
1,108,685
(977,248)
(36,599)
634,412
Designated funds:
Bradbury Building Maintenance
79,520
-
-
-
79,520
Legacy funds
385,099
-
-
83,960
469,059
Pandemic Recovery fund
100,000
-
-
(100,000)
-
Cost of Living fund
-
-
-
100,000
100,000
EmergencyOperatingReserve
188,176
-
-
(47,361)
140,815		 1,292,369
1,108,685
(977,248)
-
1,423,806		 Total Funds
2,181,773
1,796,692
(1,748,364)
-
2,230,101
For the year ended 31 March 2022
At 1 April
2021
Income
Expenditure
Transfers and
other
gains/(losses)
At 31 March
2022
£
£
£
£
£		 Restricted funds:
Big Lottery - Building Connections
31,331
26,428
(39,253)
-
18,506
AUK - Later Life Goals
-
17,250
(15,500)
-
1,750
AUK
NHSE Covid Winter pressures support
7,425
(3,300)
-
4,125
Age UK - Dementia MCST programme
-
3,114
(3,114)
-
-
Age UK - Warm Homes scheme Benefits entitlement checks
-
20,770
(20,770)
-
-
Care & Repair - Home Plus
-
14,906
(14,906)
-
-
Leeds City Council - SWIFt grant scheme
-
120,000
(120,000)
-
-
Leeds City Council
iBCF
Independence at Home extension
-
110,190
(89,310)
-
20,880
Leeds City Council - iBCF - Leeds Oak Alliance
35,202
40,492
(8,554)
-
67,140
Leeds City Council
Hospital Discharge Emergency Food
20,850
-
(16,350)
-
4,500
Leeds City Council
Covid-19 Harm Minimisation
54,468
136,329
(143,946)
-
46,851
NHS Leeds CCG
Home Comfort
95,740
88,729
(182,969)
-
1,500
NHS Leeds CCG - Gledhow Hub
-
137,500
-
-
137,500
Bradford Teaching Hospitals NHSFT
Personalised Care Planning
-
142,495
(118,411)
-
24,084
Armed Forces Covenant Fund Trust
Joining Forces
5,370
500
(5,870)
-
-
National Lottery
Digital Wellbeing Service
-
40,000
(30,000)
-
10,000
Age UK Leeds Centre
117,584
-
(1,916)
-
115,668
Bradbury Building 2012
444,419
-
(10,839)
-
433,580
Funds under £4,000 each
5,320
-
(2,000)
-
3,320		 817,709
898,703
(827,008)
-
889,404		 Unrestricted funds:
General funds
462,543
706,244
(598,612)
(30,601)
539,574
Designated funds:
Bradbury Building Maintenance
79,520
-
-
-
79,520
Legacy funds
335,106
-
-
49,993
385,099
Pandemic Recovery fund
100,000
-
-
-
100,000
EmergencyOperatingReserve
208,000
-
-
(19,824)
188,176		 1,185,169
706,244
(598,612)
(432)
1,292,369		 Total Funds
2,002,878
1,604,947
(1,425,620)
(432)
2,181,773

Age UK Leeds

Notes to the Financial Statements for the Year Ended 31 March 2023

13. Movement in funds (continued)

Restricted Funds:

Big Lottery Building Connections

Monies received from the Big Lottery fund the activities of the Building Connections project.

Age UK Later Life Goals

Funding via Age UK from the Masonic Charitable Foundation for the Later Life Goals project described in the Trustee report.

Age UK NHSE Covid Winter pressures support

Funding from Age UK as part of Phase 3 of its Dementia Maintenance Cognitive Stimulation Therapy (MCST) programme.

Age UK - Dementia MCST programme

Provision of emergency food on hospital discharge as an early intervention to reduce negative impacts on wellbeing, and reduce potential for readmission.

Hospital to Home & Home Comfort

Core funding received in 2022/2023 to be used in 2023/2024.

Leeds City Council - SWIFt grant scheme

The scheme is to provide a city-wide service to support older people who are living with frailty and with complex issues, who are often socially isolated, to improve their wellbeing and independence.

Leeds City Council - iBCF - Independence at Home extension

Funding additional to the SWIFt funding, to enable extension of the SWIFt service to include befriending work and to develop a 7 day service.

Leeds City Council - iBCF - Leeds Oak Alliance

A partnership between five city-wide care providers in Leeds supporting older people, to respond to the new, evolving strategy for people living with frailty and at the end of life.

Leeds City Council Hospital Discharge emergency food

Provision of emergency food on hospital discharge as an early intervention to reduce negative impacts on wellbeing, and reduce potential for readmission.

NHS Leeds CCG Home Comfort

A trial service to extend the operating hours of the Hospital to Home service up to 10pm, and to provide practical and emotional to support to older people. The aim of the service is to reduce the -disciplinary support incorporating both clinical and non-clinical interventions.

Sanctuary Support

Leeds Domestic Violence Support (LDVS) partnership offering support & advice for domestic violence issues, partnership with AUKL for older people.

NLF Now and Then

To continue and expand our existing intergenerational project work for a year.

Household Support

Funding for immediate relief for older people to reduce anxiety of cost of energy, food & essential living bills.

34

Age UK Leeds

Notes to the Financial Statements for the Year Ended 31 March 2023

13. Movement in funds (continued)

EON Warm Homes

The Warm Homes (Discount Scheme Benefits Entitlement Check) programme is managed by Age UK nationally and delivered by local Age UKs across the country.

Home Plus

Funding aimed at enabling and maintaining independent living through improving health at home.

Community Activities

This service evolved to deliver various community-based projects designed to support older people whose health and wellbeing had been impacted by lockdown.

LCC Pension

The LCC Pension Fund was an initiative to try and spread awareness of pension credits.

AUK Scams

The programme, funded by Lloyds Banking Group and led by National Age UK, helps to prevent older people from falling for scams by increasing their knowledge and confidence to recognise and deal with attempted scams.

NHS Leeds CCG - Gledhow Hub

Development of dedicated accommodation for the delivery of the Hospital to Home service.

Prosper -Bradford Teaching Hospitals

Funding for Age UK Leeds to participate and provide service to support the implementation of the Bradford Teaching Hospitals project on personalised care planning to improve quality of life for older people with frailty.

National Lottery Digital Wellbeing Service

To help older people to benefit from increased awareness of the advantages offered by new technology; to provide opportunities for them to engage with it and develop confidence in its use for the purposes of managing their health more effectively, reducing social isolation and undertaking routine tasks online.

Age UK Leeds Centre

This is a capital fund against which depreciation of the Bradbury Building, prior to its refurbishment in 2012, is charged.

Bradbury Building 2012

This is a capital fund against which depreciation of the redevelopment and refurbishment of the Bradbury Building, undertaken principally in 2012, is charged.

The Trustees are grateful for all the contributions that enabled the refurbishment to be completed.

35

Age UK Leeds

Notes to the Financial Statements for the Year Ended 31 March 2023

13. Movement in funds (continued)

Designated Funds:

Bradbury Building maintenance fund

F und for the upkeep and maintenance of the Bradbury building in Leeds.

Legacy fund

The

aims over the next three years. It is also intended to seek matched funding from external sources to leverage the maximum value.

Pandemic Recovery Fund

Funding designated to mitigating the operational risks arising from the COVID-19 pandemic, as described in the Trustee report. This has now been transferred to the cost of living fund.

Cost of Living Fund

Funding designated to help with the cost of living crisis due to the uncertainty caused by inflationary pressures and the ongoing challenges facing the third sector.

Emergency Operating Reserve

affected by an adverse event or suffers an unexpected withdrawal of funding; and to provide working capital for its continuing operations.

14. Analysis of Net Assets Between Funds

For the year ended 31 March 2023 Tangible Net
Fixed Current
Assets Investments Assets Total
£ £ £ £
Unrestricted general funds 382,466 1,706 250,240 634,412
Designated funds - - 789,394 789,394
Restricted funds 536,493 - 269,802 806,295
918,959 1,706 1,309,436 2,230,101
For the year ended 31 March 2022 Tangible Net
Fixed Current
Assets Investments Assets Total
£ £ £ £
Unrestricted general funds 297,883 1,706 239,985 539,574
Designated funds - - 752,795 752,795
Restricted funds 549,248 - 340,156 889,404
847,131 1,706 1,332,936 2,181,773

15. Reconciliation of Cash Flows from Operating Activities

2023 2022
£ £
Net income for the year 48,328 178,895
Adjustments for:
Depreciation 40,964 28,893
Loss on investments - 432
Investment income (17,891) (3,941)
(Increase) / decrease in debtors (3,818) 7,171
Increase in creditors 44,607 6,713
Net cash provided by operating activities 112,190 218,163

The charity had no debt in either the current or previous year.

36

Age UK Leeds

Notes to the Financial Statements for the Year Ended 31 March 2023

16. Contingent Liabilities

The National Lottery Charities Board capital grant of £111,259 received in 2000 towards the cost of an extension to the Age UK Leeds (St John's) Centre (now the Bradbury Building) is repayable, potentially, in full or part if the charity ceases to operate or is wound up. This condition expires in 2081/2082.

17. Operating lease commitments

At the reporting end date the charity had outstanding commitments for future lease payments under non-cancellable operating leases, which fall due as follows:

2023 2022
£ £
Within one year 13,750 -
Between two and five years 20,625 -
34,375 -

18. Trustee

No remuneration is paid to Trustees.

During the year no Trustee claimed out of pocket expenses (2022 no trustees).

19. Related Party Transactions

There were no related party transactions in the current or previous year.

20. Pension Schemes

Defined contribution scheme

The Charity runs a scheme for its staff, which is a defined contribution scheme. The pension charge for the year includes contributions payable to the scheme of £31,935 (2022 - £30,392). At the yearend £5,485 (2022 - £4,930) was accrued in respect of contributions payable to this scheme.

37

Age UK Leeds

21.
Comparative Statement of Financial Activity for the year ended		 21.
Comparative Statement of Financial Activity for the year ended		 21.
Comparative Statement of Financial Activity for the year ended		 31 March 2022
Unrestricted Total Funds
Funds Restricted Funds 2022
£ £ £
Income from:
Donations and legacies 154,695 - 154,695
Charitable activities 530,966 898,703 1,429,669
Other trading activities 14,816 - 14,816
Investment income 3,941 - 3,941
Other income 1,826 - 1,826
Total income 706,244 898,703 1,604,947
Expenditure on:
Raising funds 36,407 - 36,407
Trading 6,143 - 6,143
Charitable activities 556,062 827,008 1,383,070
Total expenditure 598,612 827,008 1,425,620
Net income
before (losses)		 107,632 71,695 179,327
Net (losses) on investments (432) - (432)
Net movement in funds 107,200 71,695 178,895
Reconciliation of funds:
Total funds brought forward 1,185,169 817,709 2,002,878
Total funds carried forward 1,292,369 889,404 2,181,773

38